Short Take: Tangram posts gain

Tangram Enterprise Solutions, a North Carolina-based company specializing in software management solutions, posted second quarter earnings of $154,000 or 1 cent per share on revenues of $5 million. During the year-ago quarter, the company had a net loss of $975 or 6 cents per share loss on revenues of $3.2 million. Tangram credited the growth in revenues to a 600 percent increase in Asset Insight product sales.

22 July 19986:10 pm BST

Tangram Enterprise Solutions, a North
Carolina-based company
specializing in software management solutions, posted second quarter
earnings of $154,000 or 1 cent per share on revenues of $5 million. During the
year-ago quarter, the company had a net loss of $975 or 6 cents per share loss
on revenues of $3.2 million. Tangram credited the growth in revenues to a 600 percent
increase in Asset Insight product sales.